Latest News
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Airbnb’s Pivot From Short-Term Rentals
Airbnb, renowned for its travel accommodation offerings, is on the cusp of revolutionising its business model, delving further into extended rentals and enhancing user experiences. But what does this transition entail for ordinary people eyeing the property market and the broader tourism sector? The FT reported. Extended Rentals: The New Frontier Airbnb CEO, Brian Chesky,…
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Surge in Welsh Industrial Property Demand: What You Need to Know
If you’re eyeing the property market in Wales, especially in the industrial sector, the recent trends have some interesting implications for your investments. Business Wales shared some numbers and looked at what this means for potential investors. A Significant Q3 Upswing The third quarter (Q3) of the year showcased a promising surge in the uptake…
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Flats Were Worst Performing Type of Property
Searchland, a source for property market data, recently took a magnifying glass to the average price per square foot for different property types in the first half of this year. By comparing these figures with the same time frame in 2022, we can gain valuable insights into the shifts in property values. On the whole,…
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Should I Invest in Buy To Let?
The dynamics of the UK housing market have changed dramatically over recent months. With rental demand soaring, fewer properties available on the market, and some landlords deciding to exit the scene, there is a clear window of opportunity opening. Is this the ideal moment for potential new entrants to the buy-to-let market? What Mortgage looked…
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When Can I Afford to Buy a House?
Rapidly rising house prices in London and South East England have made it increasingly challenging for potential buyers, especially first-time homeowners, to keep pace. For many years, as house prices increased, wages remained relatively stagnant. However, recent statistics show that the property market is in flux. As per Nationwide, house prices have declined by 5.3%…
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New REIT Buying Rental Homes
Moorfield Group, a renowned UK-focused real estate investment manager, is setting its sights on a significant chunk of the residential-for-rent sector, unveiling plans for a new venture that could reshape the landscape for both investors and renters. Moorfield’s Ambitious £500m Plan Moorfield Group’s latest endeavour is a real estate investment trust (REIT) dubbed MREIT. Targeting…
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Florence Curbs Airbnb Surge
Florence, a jewel in Italy’s crown, celebrated for its Renaissance art and architecture, has become the latest city to address an issue that’s more present-day: the boom of short-term rental platforms, like Airbnb. As a move to prioritize local residents over tourists in its iconic historic centre, the city has put a halt on new…
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London Office Market Gets Tougher
London, the heart of the UK’s property market, has always boasted a strong demand for office spaces. But, as recent events and trends indicate, there’s a seismic shift happening, according to the FT. Big Tech and The Shift to Remote Work When Meta, the mammoth tech enterprise once known as Facebook, opted out of its…
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Shifting Trends Favour Build To Rent
Yorkshire property expert and partner at Zenko Living, Jonathan Morgan, told the Yorkshire Post about a profound shift towards long-term renting and how the public’s perception of housing is evolving. The Housing Act of 1988 and the Dawn of “Buy to Let” The Housing Act introduced in 1988 was somewhat of a game-changer for UK…
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The Potential of Investment Zones
Investing in property involves more than just purchasing and letting out a house. Savvy investors know to keep an eye out for areas earmarked for growth and regeneration, as these can provide superior returns over time. One way to identify such profitable regions is the UK government’s newly proposed ‘investment zones’. First mentioned by former…